The "Iran deal," Washington’s gravest mistake in Foreign Policy
Walid Phares, Ph.D. - 3/5/2014
The Obama administration, in its first and second terms, has committed strategic mistakes in the Middle East which will undermine U.S. national and security interests for many years, even under subsequent administrations after 2016.
Mt Gox Collapse Shatters Bitcoin Myth of Virtual Money
Prof. Peter Morici - 3/5/2014
Bitcoin believers were shaken to their digital souls when Mt. Gox, the world’s largest exchange, defaulted on $470 million worth of deposits and closed.
War politics over Ukraine: USA weighs economic weapons to penalize Russia
Dr. Abdul Ruff Colachal - 3/5/2014
For years, since the World War I, USA and Russia have been engaged in profitable war politics - both hot and cold. And they use alien territories to play this type of cruel politics.
Obama Budget Offers Little Relief from Jobs Drought
Prof. Peter Morici - 3/5/2014
Friday, the Labor Department is expected to report the economy added 150,000 jobs in February. This is less than half the pace needed to lower unemployment to an acceptable level, and President Obama’s budget promises little relief.
Narcissistic Offspring, Narcissistic Parents
Sam Vaknin, Ph.D. - 2/27/2014
The Japanese call them “parasite singles”, the Americans “boomerang kids”. Sociologists refer to the “accordion family”: it expands and then contracts and then expands again as children return to what should have been an “empty nest.”
Signature Authority and FBARs
Mahany Ertl - 2/26/2014
The United States Treasury has long required holders of foreign accounts to disclose those accounts annually. Reporting is done on one’s income tax return (Schedule B for individuals) and on a Report of Foreign Bank and Financial Accounts - FBAR for short. Although the FBAR reporting requirements date back to the early 1970′s and the passage of the Bank Secrecy Act, only since 2008 has the Justice Department and IRS began enforcing the law in earnest. Penalties for noncompliance are huge; up to the greater of $100,000 per account or the 50% of the highest historical account balance. In particularly egregious cases, the IRS will impose those penalties for each year that an account isn’t properly reported. Willful violations can also be criminally prosecuted.
Zombies, the Apocalypse, and the Decline of the Republic
David Huntwork - 2/25/2014
Apocalypticism has exploded in popularity and, while nuclear war and pandemics have always been a starting point, the concept of the Zombie Apocalypse trumps them all. The appeal and wild popularity of shows like The Walking Dead, movies like World War Z, and the slew of apocalyptic, gloom and doom series and specials on cable television continues to grow by leaps and bounds. But the reasons behind such interest are often subconscious at times and not fully understood.
Alinsky 101: IRS Picks the Tea Party Target
Ellis Washington, J.D. - 2/25/2014
Note: This Symposium is based in part on a pamphlet by David Horowitz, “Barack Obama’s Rules for Revolution: The Alinsky Model.”
2014 Winter Olympics, Sochi -- Questions Unanswered
Sufyan bin Uzayr - 2/25/2014
The Sochi Olympics proved to be a big success -- exactly what Russia wanted. Right from the opening ceremony itself, the entire event was a megalith in terms of popularity and success. If one wanted to catch a glimpse of Russia’s glorious past as well as its vibrant art, this year’s Winter Olympics were the thing to watch!
China reacts angrily as Obama meets Dalai Lama
Dr. Sudhanshu Tripathi - 2/25/2014
Once again, China has expressed its strong indignation over President Barack Obama’s meeting with the exiled Tibetan spiritual leader Dalai Lama on Friday (21st Feb. 2014) at the Map room of the White House in Washington.
More than Winter Chill Gripping Housing, Broader Economy
Prof. Peter Morici - 2/25/2014
President Obama and many of the nation’s top economists entered 2014 predicting a breakout year for the economic recovery. However, troubles in the housing sector indicate more difficulties and several more years of mediocre growth lie ahead.
Citizenship reform in Canada
Dr. Abdul Ruff Colachal - 2/19/2014
Focusing on checking the dual citizenship the Canadian government has proposed sweeping changes to its rules on citizenship.